Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.

Enphase Energy, Inc.

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Microinverters Shipped

Microinverters Shipped % Chg.

Megawatts DC Shipped

Megawatts DC Shipped % Chg.

Megawatt Hours of Enphase IQ Batteries Shipped

Megawatt Hours of Enphase IQ Batteries Shipped % Chg.

Key Performance Indicators

US Revenue

US Revenue % Chg.

US Revenue Common Size

International Revenue

International Revenue % Chg.

International Revenue Common Size

Total Revenue

Total Revenue Common Size

Total Revenue % Chg.

Revenue	LTM	Dec '24	Dec '23
US Revenue	1,186.5	934.7	1,469.1
International Revenue	325.9	395.7	821.7
Total Revenue	1,512.4	1,330.4	2,290.8

Key Performance Indicators	LTM	Dec '24	Dec '23
Microinverters Shipped	6,843,000	6,500,000	15,529,946
Megawatts DC Shipped	3,026.5	2,819.9	6,324.2
Megawatt Hours of Enphase IQ Batteries Shipped	708.4	521	351.6